Expensive
Affordable
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These days, finding an affordable place to live in the Grand Terrace area can be challenging. Home prices in Grand Terrace are now at a median cost of $480,495, lower than the California average of $812,006.
The average cost of rent is $2,114/mo in Grand Terrace, primarily driven by the current value of real estate in the Grand Terrace area. In Grand Terrace, 34.02% of households rent, and 36.18% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Grand Terrace is $8,563 per month. Households that rent pay about 24.69% of their income on rent here. Grand Terrace’s most expensive areas are in the southeastern regions, while the cheapest areas are in the northwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Colton, CA: less expensive homes
- Loma Linda, CA: higher priced homes
- Crestmore Heights, CA: higher priced homes
- Bloomington, CA: equally priced homes
- Rubidoux, CA: equally priced homes
- Rialto, CA: equally priced homes
- San Bernardino, CA: less expensive homes
- Redlands, CA: higher priced homes
- Riverside, CA: higher priced homes
- Highland, CA: equally priced homes
Cities with Similar Populations
- Toppenish, WA: less expensive homes
- Covington, TN: less expensive homes
- Crestwood, MO: less expensive homes
- Cromwell, CT: less expensive homes
- Croton On Hudson, NY: higher priced homes
- Cutlerville, MI: less expensive homes
- Dallas, PA: less expensive homes
- Damascus, MD: equally priced homes
- Danville, IN: less expensive homes
- Deatsville, AL: less expensive homes
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